Robbie Mitchnick, head of digital assets at BlackRock, emphasized that most clients of major asset management firms view Bitcoin primarily as a store of value, akin to "digital gold," rather than a tool for daily payments. In an interview, Mitchnick noted that Bitcoin needs further development in scaling and the Lightning Network to become a mainstream payment method. Mitchnick also highlighted the success of stablecoins in the payments sector, citing their efficiency in value transfer and alignment with market demand. He suggested that stablecoins could expand beyond cryptocurrency trading and DeFi, finding practical applications in retail remittances, corporate transactions, and cross-border settlements.